Just from observation only. Basic basic trend lines.
Looks like each previous touch on trend line were buys. Could easily take a buy opportunity with a stop loss at previous resistance area (red line) or hold the buy so long as your account can support.
Taking trade to last resistance of 2.25 or close earlier.
I am taking the chance here with small lot size.
Keep in mind this is a daily chart. These plays take couple weeks. This is not an overnight type of trade.
Looks like each previous touch on trend line were buys. Could easily take a buy opportunity with a stop loss at previous resistance area (red line) or hold the buy so long as your account can support.
Taking trade to last resistance of 2.25 or close earlier.
I am taking the chance here with small lot size.
Keep in mind this is a daily chart. These plays take couple weeks. This is not an overnight type of trade.